NYSE:BKUBankUnited Stock Price, Forecast & News

BankUnited's stock was trading at $25.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BKU shares have decreased by 30.0% and is now trading at $17.75. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BankUnited in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for BankUnited.

BankUnited is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for BankUnited.

BankUnited (NYSE:BKU) announced its quarterly earnings results on Wednesday, April, 29th. The financial services provider reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by $0.89. The financial services provider had revenue of $203.87 million for the quarter, compared to analysts' expectations of $216.72 million. BankUnited had a net margin of 15.57% and a return on equity of 7.67%. During the same period in the prior year, the business posted $0.65 earnings per share. View BankUnited's earnings history.

BankUnited announced a quarterly dividend on Friday, June 26th. Investors of record on Wednesday, July 15th will be given a dividend of $0.23 per share on Friday, July 31st. This represents a $0.92 annualized dividend and a yield of 5.18%. The ex-dividend date of this dividend is Tuesday, July 14th. View BankUnited's dividend history.

9 analysts have issued 1 year target prices for BankUnited's shares. Their forecasts range from $19.00 to $41.00. On average, they expect BankUnited's stock price to reach $30.89 in the next twelve months. This suggests a possible upside of 74.0% from the stock's current price. View analysts' price targets for BankUnited.

News coverage about BKU stock has been trending neutral recently, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. BankUnited earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about BankUnited.

BankUnited saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,120,000 shares, an increase of 6.0% from the June 15th total of 2,000,000 shares. Based on an average daily volume of 1,110,000 shares, the days-to-cover ratio is currently 1.9 days. Currently, 2.3% of the company's shares are sold short. View BankUnited's Current Options Chain.

Some companies that are related to BankUnited include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other BankUnited investors own include Citigroup (C), AT&T (T), Wells Fargo & Co (WFC), Exxon Mobil (XOM), Boeing (BA), Bank of America (BAC), General Motors (GM), IBM (IBM), Intel (INTC) and Toronto-Dominion Bank (TD).

BankUnited trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKU."

BankUnited's stock is owned by many different institutional and retail investors. Top institutional investors include First Financial Bank Trust Division (0.02%), Envestnet Asset Management Inc. (0.02%) and Spirit of America Management Corp NY (0.01%). Company insiders that own BankUnited stock include Douglas J Pauls, Jay D Richards, John N Digiacomo, Mark Bagnoli, Rajinder P Singh, Thomas M Cornish and William S Rubenstein. View institutional ownership trends for BankUnited.

BKU stock was sold by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division, Envestnet Asset Management Inc., and Spirit of America Management Corp NY. Company insiders that have sold BankUnited company stock in the last year include Douglas J Pauls, Jay D Richards, and Rajinder P Singh. View insider buying and selling activity for BankUnited.

Shares of BKU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BKU stock can currently be purchased for approximately $17.75.

BankUnited has a market capitalization of $1.64 billion and generates $1.43 billion in revenue each year. The financial services provider earns $313.10 million in net income (profit) each year or $3.13 on an earnings per share basis. BankUnited employs 1,511 workers across the globe.

The official website for BankUnited is www.bankunited.com.

BankUnited's mailing address is 14817 OAK LANE, MIAMI LAKES FL, 33016. The financial services provider can be reached via phone at 305-569-2000 or via email at [email protected]